What is ShareToken (SHR)
ShareRing is a platform that allows anyone to use digital currency either as a payment for items or services, or as an investment with the intent of selling tokens at a later point. The ShareToken sustains the ecosystem and is used for making payments on any platform powered by ShareRing.
ShareRing is an on-demand platform that centralizes the fragmented sharing economy by bringing together the sharing services across many industries and localities. Our decentralized marketplace provides services like carmaxcars. Used car, used truck, Carfax report.
No fees involved with selling your unique items. ShareRing aims to provide easier and more sustainable sharing and renting services by creating an accessible and sustainable global ecosystem. The ShareRing project aims to be the world’s biggest decentralized marketplace for sharing economy.
They say they’ve developed a number of blockchain-supported modules like bookings management, self-sovereign identities, reviews, and machine learning models. Disputes are being resolved faster with an endorsement system, so you can earn rewards for your account, and low-fee cryptocurrency technologies are being used to facilitate payments.
Where and How to Buy ShareToken (SHR)
We suggest that you register on Binance.
Binance is the best exchange for several reasons. First, it has great liquidity volume. It also has a low trading fee and fees can be charged in the native BNB coin for a reduced price.
Binance is the best exchange because it has great liquidity, low trading fees, and charges fees in its native cryptocurrency (BNB). Unlike Coinbase or Bitstamp, users who don’t pay for their trading fees can save on normal trades by using Binance’s native token to pay for transaction fees instead.
Binance is one of the best cryptocurrency exchanges in the market, and it has been in the top 10 cryptocurrencies for several years now. It was originally founded in 2017 and has seen rapid growth ever since then.
Binance provides users with an easy-to-use user interface that allows them to trade at their own pace without any hassles. The website also provides an advanced trading platform to novice traders, allowing them to trade without much prior knowledge or experience. With their low fee structure, one can easily trade at minimal costs on this exchange, which will help you save money while trading cryptocurrencies
Step 2: Fund you Binance account.
We need to fund your binance account with BTC so that we can trade it later for ShareToken (SHR)
Sign in to your newly registered Binance account and then access the ‘buy crypto’ option under the ‘account’ dropdown.
We recommend BTC as this is the only listed trading pair. Order recurring payments if you want to set a regular buy order.
You can use your debit or credit card to purchase Bitcoin from one of the top websites on the market. This is a quick and easy option because this website has been around for a long time, so it’s pretty much guaranteed to have all of the information you need.
Step 3: Trade Your BTC For BillionHappiness (BHC)
Just now find the correct trading pair in the exchange platform, ShareToken (SHR)/BTC
Once you have done that you have the option of a market or limit buy order.
A market order is used to buy and sell securities at the best available price. A limit order, on the other hand, specifies a certain price that you want this to happen.
Is ShareToken (SHR) a good investment
ShareRing is targeting the travel industry by launching a functional app to allow for hotel bookings, flight bookings, activity bookings, and eVOA applications. This is supported by the ShareLedger blockchain and the ShareToken utility token
ShareRing is an open-source blockchain-based platform that uses distributed ledger technology and dual tokens.
According to the developers and founders of ShareRing, there is a lot going on in the current sharing economy. It’s confusing and difficult to develop a trusting relationship with each provider you work with.
The use of ShareToken on the ShareRing platform overcomes this issue by offering a single decentralized marketplace and digital currency that lets you securely access services around the world and pay for them.
ShareRing created the platform & the digital currency to work with travel market. Their first example was B2B, which is called TravelRing. Commuters could register travel patterns and earn rewards for each mile traveled instead of using gas or replacing batteries. Consumers were able to use it for organizing day trips & various ways of traveling.
SHR tokens can be used to pay for fees on the network and also generate rewards by staking them. They also generate flowbacks, which are another means of earning rewards for those who own SHR tokens.
ShareRing was co-founded by 6 individuals, all of which are well experienced entrepreneurs. Its CEO is Tim Bos, the founder of Auxesis Group. ShareToken is one blockchain division within the company. Bos and other company founders were already developing a solution to the sharing economy long before ShareRing and ShareToken became popular.
They are already experimenting with making shared services more accessible
Keaz is a branded white-label software solution that helps people to use car-pooling, ride-hailing, and vehicle rentals in the best way possible.
Rohan Le Page had a long track going back to the automotive industry and was chief operating officer at ShareRing until June 2020.
The rest of the ShareRing team — from software engineers, to developers, marketing experts, and more — hails from a wide range of fields.